Northern Beaches CouncilEconomic profile
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Northern Beaches Council area

Sources of income

Households in the Northern Beaches Council area have a higher amount of disposable income compared to New South Wales.

Household disposable income is a measure of the amount of income available to an average household in the area. It varies depending on the jobs held by the residents, amount of property and business income, and cash benefits provided by government, which are related to the socio-economic status of the area. Areas with high unemployment, large numbers of retirees and others out of the workforce may have a high cash benefits component.

This information gives an insight into both the sources of income and how much your residents have available to spend in the area. This dataset should be viewed in conjunction with Worker productivity, Local workers income data, and Gross Regional Product data on the size of the residential economy.

National Economics (NIEIR) - Modelled series

Sources of income per household
Northern Beaches Council area2015/162010/11Change
Name$New South Wales $$New South Wales $2010/11 to 2015/16
Wages & salaries118,897.9485,651.62112,531.4683,369.06+6,366
Property income32,979.5319,920.9634,142.0221,023.86-1,162
Business income32,149.4321,247.8922,524.1815,857.92+9,625
Cash benefits20,668.6516,932.0115,252.1915,844.29+5,416
Total income before tax220,411.66155,584.86198,545.46147,109.12+21,866
Tax paid-39,841.27-24,413.74-32,161.52-20,560.10-7,680
Interest paid-12,034.59-9,135.35-16,246.09-12,904.10+4,211
Other payments/statistical discrepancy27,972.6216,793.5425,574.8715,917.23+2,398
Total disposable income196,508.42138,929.31175,712.73129,662.15+20,796
Ratio of cash benefits to tax paid0.520.690.470.77--

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in by .id , the population experts.

Data is based on 2014-15 constant prices for all years. NIEIR data are inflation adjusted each year to allow direct comparison, and new data releases normally adjust previous years’ figures to a new base year.

Sources of income per household
Sources of income per household New South Wales, Cash benefits: 10.9% New South Wales, Superannuation: 7.6% New South Wales, Business income: 13.7% New South Wales, Property income: 12.8% New South Wales, Wages & salaries: 55.1% Northern Beaches Council area, Cash benefits: 9.4% Northern Beaches Council area, Superannuation: 7.1% Northern Beaches Council area, Business income: 14.6% Northern Beaches Council area, Property income: 15.0% Northern Beaches Council area, Wages & salaries: 53.9%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in by .id the population experts

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